The Drug Enforcement Administration (DEA) has announced that it will reschedule marijuana.
The DEA’s decision to move marijuana to Schedule III will be followed by a required 30-day public comment period, and a hearing, before it can take effect.
Under the Federal Controlled Substances Act, marijuana is currently classified as a Schedule I drug, making it illegal for all purposes. The DEA’s decision to reclassify marijuana as a Schedule III drug will effectively legalize it nationwide for prescription use, while providing state-legal medical marijuana patients and businesses with numerous federal protections that are currently unavailable to them. Other Schedule III substances include codeine, ketamine and testosterone.
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